Tecsys (TSE:TCS) Director David Brereton Sells 600 Shares

Tecsys Inc. (TSE:TCS) Director David Brereton sold 600 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of C$30.57, for a total transaction of C$18,342.00. Following the sale, the director owned 710,572 shares in the company, valued at C$21,722,186.04. The trade was a 0.08% decrease in their ownership of the stock.

David Brereton also recently made the following trade(s):

• On Friday, August 21st, David Brereton sold 500 shares of Tecsys stock. The stock was sold at an average price of C$30.57, for a total transaction of C$15,285.00.
• On Friday, August 21st, David Brereton sold 400 shares of Tecsys stock. The stock was sold at an average price of C$30.43, for a total transaction of C$12,172.00.
• On Friday, August 21st, David Brereton sold 300 shares of Tecsys stock. The stock was sold at an average price of C$30.41, for a total value of C$9,123.00.
• On Friday, July 17th, David Brereton sold 1,700 shares of Tecsys stock. The stock was sold at an average price of C$33.00, for a total value of C$56,100.00.
• On Friday, July 10th, David Brereton sold 200 shares of Tecsys stock. The shares were sold at an average price of C$34.00, for a total value of C$6,800.00.
• On Friday, July 3rd, David Brereton sold 500 shares of Tecsys stock. The shares were sold at an average price of C$31.00, for a total value of C$15,500.00.
• On Friday, June 12th, David Brereton sold 1,000 shares of Tecsys stock. The shares were sold at an average price of C$36.47, for a total value of C$36,470.00.
• On Friday, June 12th, David Brereton sold 700 shares of Tecsys stock. The stock was sold at an average price of C$36.48, for a total value of C$25,536.00.
• On Friday, June 5th, David Brereton sold 200 shares of Tecsys stock. The stock was sold at an average price of C$35.50, for a total value of C$7,100.00.
• On Friday, June 5th, David Brereton sold 300 shares of Tecsys stock. The stock was sold at an average price of C$35.67, for a total value of C$10,701.00.

Tecsys Stock Up 0.4%

Shares of TCS opened at C$31.00 on Friday. The business’s 50 day moving average is C$32.86 and its 200 day moving average is C$31.83. The company has a market capitalization of C$446.93 million, a PE ratio of 114.81 and a beta of 0.85. Tecsys Inc. has a 12-month low of C$22.51 and a 12-month high of C$38.00. The company has a current ratio of 1.12, a quick ratio of 1.40 and a debt-to-equity ratio of 8.49.

Tecsys (TSE:TCS) last posted its quarterly earnings results on Monday, June 29th. The company reported C($0.02) EPS for the quarter. Tecsys had a return on equity of 5.99% and a net margin of 2.09%.The business had revenue of C$50.05 million during the quarter. Research analysts expect that Tecsys Inc. will post 0.4600739 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Canaccord Genuity Group upgraded shares of Tecsys to a “strong-buy” rating in a research report on Thursday, August 6th. TD set a C$39.00 price target on shares of Tecsys and gave the company a “buy” rating in a report on Wednesday, July 8th. TD Securities upgraded shares of Tecsys to a “strong-buy” rating in a report on Thursday, July 9th. Finally, National Bank Financial upgraded shares of Tecsys from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from C$40.00 to C$46.00 in a research note on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$38.70.

About Tecsys

Tecsys is trusted by mission-critical organizations in healthcare and distribution to build resilient, efficient and secure supply chains. A global provider of cloud-based, AI-driven software with deep domain expertise, Tecsys delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. Tecsys is publicly traded on the Toronto Stock Exchange (TCS). For more information, visit www.tecsys.com.